Brazil - NPK Fertilizers - Market Analysis, Forecast, Size, Trends And Insights
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View PricingNPK Fertilizer Price in Brazil - 2023
Contents:
- NPK Fertilizer Price in Brazil (CIF) - 2023
- NPK Fertilizer Price in Brazil (FOB) - 2023
- NPK Fertilizer Imports in Brazil
- NPK Fertilizer Exports in Brazil
NPK Fertilizer Price in Brazil (CIF) - 2023
The average NPK fertilizer import price stood at $375 per ton in October 2023, surging by 9.9% against the previous month. Over the period under review, the import price, however, continues to indicate a pronounced reduction. Over the period under review, average import prices attained the peak figure at $682 per ton in October 2022; however, from November 2022 to October 2023, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Finland ($556 per ton), while the price for Belgium ($327 per ton) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Norway (-3.7%), while the prices for the other major suppliers experienced a decline.
NPK Fertilizer Price in Brazil (FOB) - 2023
In October 2023, the average NPK fertilizer export price amounted to $490 per ton, approximately mirroring the previous month. In general, the export price, however, saw a perceptible decline. The most prominent rate of growth was recorded in July 2023 an increase of 4.6% m-o-m. Over the period under review, the average export prices hit record highs at $731 per ton in October 2022; however, from November 2022 to October 2023, the export prices failed to regain momentum.
Average prices varied noticeably for the major export markets. In October 2023, the country with the highest price was Uruguay ($532 per ton), while the average price for exports to Paraguay ($462 per ton) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Peru (0.0%), while the prices for the other major destinations experienced a decline.
NPK Fertilizer Imports in Brazil
In 2022, the amount of mixed nitrogen, phosphorus and potassium (NPK) fertilizers imported into Brazil soared to 2.3M tons, jumping by 32% against the year before. In general, total imports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +14.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +75.0% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 33%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, NPK fertilizer imports soared to $1.5B in 2022. Overall, imports continue to indicate a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of NPK Fertilizer in Brazil (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 299 | 199 | 392 | 653 | 29.7% |
| Norway | 108 | 65.0 | 127 | 445 | 60.3% |
| Finland | 48.1 | 43.5 | 106 | 264 | 76.4% |
| Morocco | N/A | 24.7 | 73.0 | 44.2 | 33.8% |
| Italy | 13.5 | 13.1 | 12.2 | 27.2 | 26.3% |
| Poland | 5.2 | N/A | 1.8 | 19.9 | 56.4% |
| Others | 24.4 | 20.8 | 35.5 | 74.9 | 45.3% |
| Total | 498 | 366 | 747 | 1,528 | 45.3% |
Top Suppliers of NPK Fertilizer to Brazil in 2022:
- Russia (1063.3K tons)
- Norway (612.7K tons)
- Finland (341.6K tons)
- Morocco (94.9K tons)
- Poland (54.6K tons)
- Italy (40.6K tons)
NPK Fertilizer Exports in Brazil
After three years of growth, overseas shipments of mixed nitrogen, phosphorus and potassium (NPK) fertilizers decreased by -47.8% to 145K tons in 2022. Overall, exports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when exports increased by 58% against the previous year.
In value terms, NPK fertilizer exports declined slightly to $103M in 2022. In general, total exports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +19.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +68.6% against 2019 indices. The growth pace was the most rapid in 2021 with an increase of 35%. As a result, the exports attained the peak of $104M, leveling off in the following year.
| Export of NPK Fertilizer in Brazil (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Paraguay | 56.0 | 71.8 | 95.4 | 81.4 | 13.3% |
| Uruguay | 2.6 | 2.5 | 4.1 | 11.2 | 62.7% |
| Colombia | 0.1 | 0.6 | 1.2 | 3.5 | 227.1% |
| Others | 2.5 | 2.1 | 3.2 | 7.0 | 40.9% |
| Total | 61.2 | 77.1 | 104 | 103 | 18.9% |
Top Export Markets for NPK Fertilizer from Brazil in 2022:
- Paraguay (121.6K tons)
- Uruguay (13.2K tons)
- Colombia (3.7K tons)
This report provides an in-depth analysis of the npk fertilizer market in Brazil. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- FCL 4021 - NPK fertilizers
Country coverage:
- Brazil
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Brazil
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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This report provides an in-depth analysis of the npk fertilizer market in Brazil.
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NPK Fertilizer imports reached a peak of 2.3M tons in 2022, but saw a sharp reduction the following year. The value of NPK fertilizer imports also dropped significantly to $568M in 2023.
470
In February 2023, the mixed fertilizer price stood at $639 per ton (CIF, Brazil), surging by 6.6% against the previous month.
73
During the review period, Monoammonium Phosphate imports reached a peak of 5.8M tons in 2021, but decreased slightly in the following years. In terms of value, imports of Monoammonium Phosphate significantly dropped to $2.9B in 2023.
343
In December 2022, the monoammonium phosphate price stood at $684 per ton (CIF, Brazil), which is down by -8.7% against the previous month.
282
In August 2022, the monoammonium phosphate price amounted to $1,027 per ton (CIF, Brazil), which is down by -7.2% against the previous month.
551
In 2020, the amount of monoammonium phosphate (MAP) imported into Brazil skyrocketed to 4.8M tons, surging by 22% against the year before. In value terms, MAP purchases rose remarkably from $1.4B to $1.5B.
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Fertilizers imports hit a high of 50M tons in 2022, but saw a significant drop the next year. The value of fertilizer imports also declined steeply to $15.8B in 2023.
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Explore the top import markets for NPK fertilizer and delve into key statistics and numbers. Brazil, India, China, Thailand, and Spain are the world's leading markets. Learn about their reliance on imported fertilizer and the role it plays in meeting the global demand for agricultural fertilizers.
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Global trade in NPK fertilizers steadily rises, with the leading exporters, Russia and Norway, ramp up supplies actively.
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Discover the world's best import markets for mixed fertilizer and their key statistics. Gain insights into the demand and importance of fertilizers in global agriculture.
